Allec

XRP first stable coin ?

Dear traders,


there is something strange going on with XRP. If BTC drops XRP stays the same, if BTC goes up, XRP stays the same.Unlike all the other coins.
this spike is caused by latency,between all automated systems that hedge xrp vs usd vs btc, push down again to tether xrp price at the 30/31 usd cent

Please let me know what you guys think about this?. The falling wedge does nothing, the spikes are getting smaller and smaller controlled by Xrapid to stay in the range 30/31 cents.
Time will tell us, but i don't think XRP goes up or down


Great trading,

Hans
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.